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- An economic downturn refers to a fall in real GDP1. It is characterized by a fall in the rate of economic growth and a widening output gap1. A downturn also includes a period of negative economic growth and recession1. It occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or declines, and GDP shrinks, stands still or expands more slowly2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.An economic downturn implies a fall in real GDP. A downturn also includes that period just before a recession – with a fall in the rate of economic growth and a widening output gap. A downturn will also include a period of negative economic growth and recession.www.economicshelp.org/blog/6976/economics/eco…An economic downturn, or a downturn, occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or declines, and GDP (gross domestic product) shrinks, stands still or expands more slowly.marketbusinessnews.com/financial-glossary/econo…
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